Berkhout, Peter; Hartog, Joop; Ophem, Hans - In: Scottish Journal of Political Economy 61 (2014) 3, pp. 229-260
type="main" xml:id="sjpe12043-abs-0001" <title type="main">Abstract</title> <p>Firms hiring new graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an...</p>
